
Mergers & Acquisitions
Palladium Impact Capital (formerly Enclude) structures, negotiates, and executes sell-side and buy-side M&A transactions. We employ a structured, transparent and pragmatic approach to designing and executing on transactions for our clients. We run Responsible Exit mandates, which reflect mission preservation without compromising proceeds. Palladium Impact Capital has executed multinational transactions throughout sub-Saharan Africa and South and South-East Asia.
Our philosophy around responsible exits rests on two pillars. Firstly, it is important to determine what is meant by a ‘responsible exit’. In our view, it should mean the investor who is best placed to provide the business with what it needs to grow its impact. Secondly, it is of paramount importance to address this upfront, at the beginning of the engagement. This is the only way to take mission considerations into account without harming the healthy competitive tension that is needed throughout the bidding process.
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Related Credentials
FINANCIAL INCLUSION


AFRICA | 2019 | CONFIDENTIAL
Sell-side advisory to an international NGO, for the responsible exit of a large MFI in East Africa.
ENERGY


AFRICA | 2018 | CONFIDENTIAL
Advised Fenix, a PAYGO company in East Africa, on the sale of 100% of its shares to ENGIE, a large international energy company.
FINANCIAL INCLUSION


ASIA | 2015 | USD 31M
Sell-side advisory on the sale of a minority stake in Amret.
FINANCIAL INCLUSION


ASIA | 2014 | USD 60M
Sell-side advisory for the sale of a minority stake in Cambodia’s Acleda Bank Plc. From Triodos IM to ORIX Corporation.
FINANCIAL INCLUSION


ASIA | 2013 | USD 34M
Sell-side advisory for the sale of a minority stake in the largest Mongolian MFI to a consortium of the ORIX Corporation, IFC & MAK.
FINANCIAL INCLUSION


ASIA | 2012 | USD 39M
Sell-side advisory for the sale of a 95.1% stake in the third largest MFI in Cambodia to Maruhan Japan Bank.
FINANCIAL INCLUSION


ASIA | 2012 | USD 25M
Buy-side advisory and formation of a consortium comprising Pakistan’s second largest commercial bank & 4 experienced international MFI investors.